Microsoft is giving another $223,667 to study the possibility of building a high-speed rail line connecting Vancouver, B.C., Seattle, and Portland, adding to a previous donation. The company is providing a total of $573,667 to the project. Other funders include the Province of British Columbia; the Oregon Department of Transportation; and Washington Department of Transportation. — Geek Wire
According to Geek Wire, The Washington State Department of Transportation (WSDOT) estimates that the proposed Cascadia Rail high-speed rail system connecting the three cities could spark $355 billion in economic growth in the region, while bringing in around $160 million to $250 million in annual revenue for the rail authority.
In total, the high-speed rail project could cost anywhere from $24 billion to $42 billion to build, reports Geek Wire. WSDOT also expects the high-speed rail to contribute to significant reductions in carbon emissions over time.
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